The simple facts:
$100,000.00 invested in the January of 2000 would give you the following as of January 2013.
Year
|
Gold
|
Silver
|
BRK.A
|
DJIA
|
2000
|
$282.00
|
$5.30
|
$51,200.00
|
11522
|
2013
|
$1,694.00
|
$30.90
|
$145,875.00
|
13435
|
YTD Value
|
$601,370.00
|
$583,021.00
|
$284,912.00
|
$116,603.00
|
(Figures sourced from Yahoo Finance charts and may not be 100% accurate)
Warren Buffet is with no doubt one of the greatest investors of our time. How could it be that an asset like gold and silver (that just sit there and do nothing) could outperform his stock by so much? As the old saying goes, "Don't Fight the FED."
The fact of the matter is; when Central Banks and governments are determined to expand money and credit, the best strategy is to buy gold and DO NOTHING! Don't trade, don't plan and don't move. Thirteen years of doing nothing, and you would have outperformed the best investment minds in the industry!
Central Banks Buy most gold in 50 years: Read more...
Let the Central Banks do all the work for you. All you have to do is protect your gold and be patient. BK
